With enthusiastic support from the Congressional Democrats, President Obama is breathing new life into big-government theories, making some people question the merits of capitalism and free markets. But is the current economic crisis a failure of capitalism?

Please join us on Wednesday, July 8th, to hear Guy Sorman, a City Journal contributing editor and former economics professor at the Paris Institute of Political Sciences, discuss his new book, Economics Does Not Lie: A Defense of the Free Market in a Time of Crisis.

Mr. Sorman’s book is an unapologetic defense of market capitalism. He argues that it is important to remember the unprecedented benefits free markets have brought mankind, and reminds readers that getting rid of the free market because it is imperfect would be a dangerous overreaction. Sorman explains that the crisis can be corrected with the tools of economic science far better than with ignorance or demagoguery. Based on extensive interviews with the world's leading economists, Sorman's book makes a unique and timely contribution to understanding our time.

The Young Leaders Circle will convene on Wednesday, July 8th, from 6 to 8:30 pm. Mr. Sorman will speak at 6:45 pm, sharp. For location details, please email us.

The Manhattan Institute launched the Young Leaders Circle to provide a forum for metro-NY professionals in their 20s and 30s who are concerned about free-market ideas and public policy. Members are invited to all Young Leaders Circle events, and are encouraged to help spread the word. Guests may attend one event for $45 (which will be applied toward their membership, if they decide to join).

To attend this event, please email ylc@manhattan-institute.org.

For more information on new or renewal membership, please visit our website
www.manhattan-institute.org/youngleaders. Checks and credit cards will be accepted at the door as well.

Cordially,

Lindsay Young Craig
Vice President, Communications & Marketing
Manhattan Institute